Iran Steel Output Surges 13%
Iran Steel Output Surges 13%
Wednesday, June 20, 2018

Iran Steel Output Surges

The production of finished steel, including hot-rolled coil (1.4 million tons), increased 5% YOY to reach 3.4 million tons
Direct-reduced iron production stood at 4.25 million tons, indicating a 29% rise YOY
Wednesday, June 20, 2018

Iran Steel Output Surges

Iranian steelmakers produced a total of 7.66 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (started March 21), registering a 13% growth compared with last year’s corresponding period.
Semis made up 4.25 million tons of the total figure, registering a 21% growth YOY.
Billet and bloom output made up 2.23 million tons of the total figure while that of slab reached 2.02 million tons, recording a 30% and 12% year-on-year rise respectively.
As for finished steel, output increased 5% YOY to reach 3.4 million tons.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/5Eust2
  1. https://goo.gl/hfXVNH
  • https://goo.gl/Pu3nYJ
  • https://goo.gl/v6gqa3
  • https://goo.gl/4ovLr7
  • https://goo.gl/kdwpnr

You can also read ...

Automotive Giants Hit  by Massive Data Breach
Security researcher UpGuard Cyber Risk disclosed Friday that...
Mindful of the risks inherent in starting a trade war with the US, the EU will probably not be able to provide Tehran with extensive support.
If it wants to keep the nuclear deal alive, the EU will need...
Travel Currency Policy Facing Revision
Confirming rumors of an imminent change in the Central Bank of...
Iranian Parliament Firm on Preventing FATF Blacklisting
Majlis Economic Commission, a major force in Iran's Parliament...
21% Rise in Non-Oil Trade With Afghanistan
Iran traded 1.58 million tons of non-oil commodities worth $...
Command Economy Taking Biggest Toll on Stocks
Bulls at Tehran stock market are exhausted, as bears keep...
Secondary Forex Market Rates to Soar
The supply of currency to the Secondary Forex Market will...
Private Sector Lawsuit Against State Power Cuts
The private sector will file a complaint against the...

Add new comment